College of Law Dean Terence Lau L’98 spoke with NPR News on the possibility of tariff refunds to consumers. The story notes that companies can try to pass refunds along to consumers, but it’s nearly impossible to determine how much individual consumers paid.
“How much of that price increase do you attribute to tariffs? Companies can’t even answer that question,” said Lau, an expert on tariffs.
The news segment can be found at 1:10 on the 4-21-26 4 a.m. News Now podcast.
Lau began his career in the Office of the General Counsel at Ford Motor Company in the International Trade and Transactions practice group. His practice focused on U.S. law for foreign affiliates and subsidiaries, among other topics. Later, he served as Ford’s director for the Association of Southeast Asian Nations Government Affairs.